The Manufacturers Life Insurance Company Has $609.33 Million Stock Position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM)

The Manufacturers Life Insurance Company lessened its position in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 2.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 21,305,289 shares of the company’s stock after selling 639,461 shares during the period. The Manufacturers Life Insurance Company owned approximately 83.88% of John Hancock Multifactor Emerging Markets ETF worth $609,331,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC raised its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 6.0% in the 2nd quarter. Pallas Capital Advisors LLC now owns 343,669 shares of the company’s stock worth $9,309,000 after acquiring an additional 19,391 shares during the last quarter. Evensky & Katz LLC raised its stake in shares of John Hancock Multifactor Emerging Markets ETF by 1.4% in the second quarter. Evensky & Katz LLC now owns 31,769 shares of the company’s stock worth $849,000 after purchasing an additional 438 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of John Hancock Multifactor Emerging Markets ETF by 1.8% in the second quarter. Commonwealth Equity Services LLC now owns 41,670 shares of the company’s stock valued at $1,114,000 after purchasing an additional 733 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 22.2% during the second quarter. Private Advisor Group LLC now owns 26,074 shares of the company’s stock valued at $697,000 after buying an additional 4,736 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in John Hancock Multifactor Emerging Markets ETF by 10.2% during the second quarter. Envestnet Asset Management Inc. now owns 385,015 shares of the company’s stock worth $10,291,000 after buying an additional 35,645 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Trading Up 0.3 %

NYSEARCA JHEM opened at $26.86 on Tuesday. The business has a fifty day simple moving average of $27.85 and a 200 day simple moving average of $27.24. John Hancock Multifactor Emerging Markets ETF has a 12 month low of $23.74 and a 12 month high of $29.24. The firm has a market capitalization of $682.20 million, a P/E ratio of 11.25 and a beta of 0.87.

About John Hancock Multifactor Emerging Markets ETF

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.